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InComm Expands into Lottery Industry with Linq3 Technologies Acquisition
Thursday 14 March 2019

14 March 2019 - US-based payments technology company InComm has acquired US-based lottery systems provider Linq3 Technologies, the company said.

Linq3 designs, builds and markets products and solutions for traditional and digital lottery gameplay.

Atlanta-based Linq3 was founded in 2007 with the vision to transform the lottery industry with smart systems integrations, intuitive technologies, and innovative consumer products. The company has since launched several revolutionary lottery products that leverage consumer interaction at retailers' point of sales systems.

To complement the acquisition, InComm has already begun integrations with the largest central gaming system vendors in the US and plans to shortly launch a robust suite of lottery products and solutions to its retailers, including point of sale-activated draw games, prize payouts and validations, and prepaid state lottery gift cards.

InComm's products and services which range from gift card malls to enhanced payment platforms connect companies across a range of industries including retail, healthcare, tolling and transit, incentives and financial services to an ever-expanding consumer base.

With more than 25 years of experience, over 500,000 points of distribution, 369 global patents and a presence in more than 30 countries, InComm has its headquarters in Atlanta, GA. 

Headquartered in Atlanta, GA, Linq3 designs, builds and markets products and solutions for traditional and digital lottery gameplay.

Linq3 holds regulatory approvals and state licenses that allow it to generate and distribute lottery tickets through a proprietary technology platform.

This platform uses existing point of sale devices at major retailers across the United States.
Details
Date Published: 14/03/2019
Target: Linq3 Technologies
Country: USA
Sector: Computer Software
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: InComm
Comment:
Terms of the deal were not disclosed

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